Franchising with Burrito Zone
Burrito Zone Advantage
Frequently Asked Questions
How Much is the Franchise Fee?
The Franchise Fee is $20,000
How Much are the Royalties?
Burrito Zone Franchisees pay royalties of $300 plus applicable taxes for the week.
What is the Advertising Fee?
The Advertising Fee is no less than 2% of gross sales for the restaurant plus applicable taxes per week for local advertising. National and international advertising and promotional campaigns are extra.
What are the Costs of Opening?
The costs of opening can range from $140,000-$200,000 depending on the size and location of the store. The Turnkey operation prices include the following:
- Initial Franchise Fee
- Grand Opening Advertising
- Rent and Security Deposits
- Construction leaseholds
- Opening Inventory
- Telephone, Computer, Printer and Scanner
- Training (Travel, Hotel and food)
- Shipping (Equipment)
- Licenses and legal fees
What are the Basic Requirements?
- 50% of purchase price of unencumbered cash
- A net worth of $70,000
- A satisfactory credit rating
- Good interpersonal and communication skills
- Willingness to succeed
How do I go about obtaining a Franchise?
Is Previous Experience Necessary?
While it is definitely an asset, previous experience is not a requirement.
Is Involvement Mandatory?
We require that individual franchisees and major shareholders of corporate franchisees devote their full time and attention to their franchise location. However, a franchise may appoint a full time manager in their place with Burrito Zone management’s written consent.
ESTIMATED NEW STORE OPENING COSTS
|Initial Franchisee Fee||$20,000|
|Leasehold Improvements/Store Fixtures||$75,000|
|Inventory at Cost||$7,000|
NOTES: All costs are estimated based on a 1000 sq. ft. store. For a full cost breakdown please refer to the Franchisee Disclosure agreement.